How to file (ITR) online
This year, Income tax department has indicated that any individual whose income exceeds Rs 5 lakhs and above has to do e-filing of their income tax returns.
You can do this yourself.
In this article, we would to know how a salaried individual can file the income tax returns online.
Step-by-step-process on how to e-file income tax returns:
Step-1: Visit Income tax department site : https://incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html
Step-2: If you are already registered, you can proceed for logging into system. Else click on register option and proceed for registration. Once registration is complete, login to website with user ID(PAN number) and password.
Step-3: Check the taxed paid by you. Go to my account -à view tax credit statement (Form 26AS) and provide the assessment year2013-14, date of birth and security code to get these details.
Generally, tax indicated in form-16 and Form 26AS would be same.
In such case there are no issues.
However in case form-16 shows less tax than what is indicated in Form26AS, it means that you have paid excess tax and to get Income tax refund.
Step-4: Click on downloads option to download the IT return file
Step-7: Submit the IT returns: Ensure you are logged into the income tax department website. Select my account à Submit Return à assessment year 2013-14. Select whether you want to use digitally signed file in case you already have it, else, say No and proceed further. Click on upload button and you would see process completion message. If you have done through digital signature, the process is complete. You would get your ITR-V acknowledgement to your mail ID.
Step-8: If you have not submitted your digital signature, you need to download the ITR-V acknowledgement and sign the copy so that IT department knows that this is submitted by you and send a copy of the signed copy to “Income Tax Department-CPC, Post Bag no # 1, Electronics City Post Office, Bangalore – 560 100, Karnataka”.
Send the signed document only through normal post of speed post. Do not send it through courier as they would reject it. The ITR-V acknowledgement signed copy should be sent within 120 days after submitting excel (XML) file. The acknowledgement would be received in two weeks time to your email ID from IT Department, Bangalore after this. Once this is done, the process is complete.
Conclusion: Though the process of income tax returns filing online is cumbersome, if we know the step-by-step process, it is easier to do it.
This year, Income tax department has indicated that any individual whose income exceeds Rs 5 lakhs and above has to do e-filing of their income tax returns.
You can do this yourself.
In this article, we would to know how a salaried individual can file the income tax returns online.
- Documents to be kept ready before you start the process?
- PAN card,
- your previous IT return copy,
- Form-16 before you start filling the IT returns online.
Step-by-step-process on how to e-file income tax returns:
Step-1: Visit Income tax department site : https://incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html
Step-2: If you are already registered, you can proceed for logging into system. Else click on register option and proceed for registration. Once registration is complete, login to website with user ID(PAN number) and password.
Step-3: Check the taxed paid by you. Go to my account -à view tax credit statement (Form 26AS) and provide the assessment year2013-14, date of birth and security code to get these details.
Generally, tax indicated in form-16 and Form 26AS would be same.
In such case there are no issues.
However in case form-16 shows less tax than what is indicated in Form26AS, it means that you have paid excess tax and to get Income tax refund.
- Click on downloads option
- Efiling à Assessment year 2013-14 à Individual/HUF à ITR-1 (Sahaj).
- OWNS MORE THAN ONE HOUSE then:
- select ITR-2 .
- Click on enable macros active X controls in case they are not enabled in your system.
- The ITR file would work only on MS-Excel and not on any other applications
Step-7: Submit the IT returns: Ensure you are logged into the income tax department website. Select my account à Submit Return à assessment year 2013-14. Select whether you want to use digitally signed file in case you already have it, else, say No and proceed further. Click on upload button and you would see process completion message. If you have done through digital signature, the process is complete. You would get your ITR-V acknowledgement to your mail ID.
Step-8: If you have not submitted your digital signature, you need to download the ITR-V acknowledgement and sign the copy so that IT department knows that this is submitted by you and send a copy of the signed copy to “Income Tax Department-CPC, Post Bag no # 1, Electronics City Post Office, Bangalore – 560 100, Karnataka”.
Send the signed document only through normal post of speed post. Do not send it through courier as they would reject it. The ITR-V acknowledgement signed copy should be sent within 120 days after submitting excel (XML) file. The acknowledgement would be received in two weeks time to your email ID from IT Department, Bangalore after this. Once this is done, the process is complete.
Conclusion: Though the process of income tax returns filing online is cumbersome, if we know the step-by-step process, it is easier to do it.
